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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: Paul Fiondella who wrote (22487)6/8/1998 4:22:00 PM
From: Brian Embree  Read Replies (1) of 42771
 
You also have to remember that a year ago, Novell repriced employee stock options at around $7 a share. Employees who chose to reprice the options cannot exercise these options until July of '98. My guess is there will be a lot of employees exercising those options. Novell may be preparing for the sale of thousands of options. FWIW --Brian
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